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Dec 27, 2012
12/12
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. >>> president barack obama arrives back in washington for high level cliff's. president barack obama cut short his christmas trip in hopes of negotiating a deal with republicans and the deal was to make tax cuts for the wealthy and raising taxes among the rich. the treasury announced they will resore to using a program to help sustain their money. they will look to borrowing where the government defaults on their debt. >>> former president bush remains alert talking with medical staff. former president bush was in the hospital since last monday for complications related to bronchitis. >> we are hoping the medicine and treatments can help him turn things around. >> the former president has a high fever and is now on a liquid only diet. his former florida governor and son have all been frequent visitors. >>> they came after 14 million vehicles came. they say the value of the cars fell sharply after the recalls. a judge must still approve the settlement. >>> how are things looking tara >> so far so good, let's take a live look at the east shore freeway and traffic
. >>> president barack obama arrives back in washington for high level cliff's. president barack obama cut short his christmas trip in hopes of negotiating a deal with republicans and the deal was to make tax cuts for the wealthy and raising taxes among the rich. the treasury announced they will resore to using a program to help sustain their money. they will look to borrowing where the government defaults on their debt. >>> former president bush remains alert talking with...
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Dec 27, 2012
12/12
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>> i think there's a lot of pessimism here in washington. you've got, as you pointed out, five days left. i think the real indicator here is that none of these parties are moving off their position. the senate democrats, the house republicans, the white house. there hasn't been any reason for folks to look at what's going on and say, oh, i see where a deal could be coming together. so what you've got is what's described in economic game theory is where everyone has decided on their strategy, looked at the strategies of the oar players and figuring that their optable strategy is to go over the cliff and pick up the pieces later. >> and basically fight for which party is going to get the most blame in the meantime, right? >> that's right. this is a finger-pointing exercise. everyone is sort of putting together their best case for why the other guy is at fault. you know, the possible exception here, drew, is if the senate can pass something, a scaled-back version of the obama plan, perhaps if the senate passes something, i think that will remov
>> i think there's a lot of pessimism here in washington. you've got, as you pointed out, five days left. i think the real indicator here is that none of these parties are moving off their position. the senate democrats, the house republicans, the white house. there hasn't been any reason for folks to look at what's going on and say, oh, i see where a deal could be coming together. so what you've got is what's described in economic game theory is where everyone has decided on their...
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Dec 27, 2012
12/12
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. >>> and back to work in washington with five days to go. president obama comes back to washington to try to hammer out a deal with the senate, and we're hearing it may come down to the final minute of the year. >>> sticky gas pedals costing toyota $1 billion. the company's plan to put sudden acceleration allegations in their past and how you may we able to cash in on it even if you already sold your car. >>> a packed show ahead. congressman steven latourette of ohio, senator richard blumenthal of connecticut, plus the grinch. it's thursday, december 27th. "starting point" begins right now. >>> well, our starting point, a brutal winter storm battering the northeast and torturing holiday travelers all over the country. here it is on the radar. the system is expected to dump up to two feet of snow on central maine today. six states are under winter storm warnings, pennsylvania, new york, massachusetts, new hampshire, vermont, and of course maine. everyone there could see at least a foot of snow. more than 200,000 customers spanning several sta
. >>> and back to work in washington with five days to go. president obama comes back to washington to try to hammer out a deal with the senate, and we're hearing it may come down to the final minute of the year. >>> sticky gas pedals costing toyota $1 billion. the company's plan to put sudden acceleration allegations in their past and how you may we able to cash in on it even if you already sold your car. >>> a packed show ahead. congressman steven latourette of...
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Dec 27, 2012
12/12
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what will you miss about washington? and what will you not miss? >> i will miss the chance to affect public policy. and i'll miss the friends there. other members of congress, and, by the way, one of the great bargains the american people get are the people who work for members of congress. we have a wonderful, intelligent, thoughtful, dedicated group of people. it's great to be able to come to worker day and interact with bright people. what i won't miss is one, the travel. and two, to be honest at this point, the sense of responsibility. for 45 years, i've been working in government, first in the city hall of boston and then the last 32 years in congress. i'm sorry people will still be doing those things, but i need a little rest. >> your proudest moment. what are you feeling is your proudest achievement? is it dodd-frank? >> well, that's one of them. one of them, frankly, has been the successes we've got on getting legal equality for lgbt people. and i've had a major repeal of don't ask, don't tell. and i was proud of my role in defeating the ef
what will you miss about washington? and what will you not miss? >> i will miss the chance to affect public policy. and i'll miss the friends there. other members of congress, and, by the way, one of the great bargains the american people get are the people who work for members of congress. we have a wonderful, intelligent, thoughtful, dedicated group of people. it's great to be able to come to worker day and interact with bright people. what i won't miss is one, the travel. and two, to...
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Dec 27, 2012
12/12
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KGO
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he is leading a group that would buy the chain that has 47 stores in california and washington state. "nightline" is next. for rick quan and sandhya patel and carolyn johnson, thank you for watching. we appreciate your time as always. check out abc7 morning news at 4:30 a.m. have a good night. >>> tonight on a special edition of "nightline" -- a white house christmas with the first family. president barack obama and first lady michelle obama sit down for an intimate and revealing first interview together since the election. only with barbara walters. >> how do you keep the fire going? >>> trimming the trees with the first dog bo. inside a special tradition. how they deck the halls at 1600 pennsylvania avenue. >>> and ask mrs. obama. first graders with a very special connection to the white house tree a
he is leading a group that would buy the chain that has 47 stores in california and washington state. "nightline" is next. for rick quan and sandhya patel and carolyn johnson, thank you for watching. we appreciate your time as always. check out abc7 morning news at 4:30 a.m. have a good night. >>> tonight on a special edition of "nightline" -- a white house christmas with the first family. president barack obama and first lady michelle obama sit down for an intimate...
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Dec 27, 2012
12/12
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FBC
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>> i don't think that this washington, anyone in washington is reckless enough for the country off the cliff. they recognize it's dangerous. stuart: i've got to read between the lines here. you're saying that there will be some kind of last minute stop-gap deal, yes? >> i certainly hope so. stuart: and what would be the form of that deal? what would be in it just a broad outline? go. >> well, we can't see taxes go up on anybody across the board and we have to see the tax rates extended for everyone and-- >> that's not going to happen. >> that's not going to happen so who is going to pay more in taxes? you say we're going to have a deal and so who pays more in taxes? >> well, you know, with the senate back today and the president back today, hopefully we'll see outlines and-- >> come on. >> i'm not sure what's going on. stuart: you think they're going to get a deal. i want you to tell me the outlines of that deal. not what you hope for, what do you think is it going to happen. >> i'm not sure where the president and senator ree reid e going to draw the line. where the president before w
>> i don't think that this washington, anyone in washington is reckless enough for the country off the cliff. they recognize it's dangerous. stuart: i've got to read between the lines here. you're saying that there will be some kind of last minute stop-gap deal, yes? >> i certainly hope so. stuart: and what would be the form of that deal? what would be in it just a broad outline? go. >> well, we can't see taxes go up on anybody across the board and we have to see the tax rates...
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Dec 27, 2012
12/12
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CSPAN2
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you mentioned washington. may be bringing linking lincoln into the picture to and your thoughts about this new burst of freedom that begins with the emancipation and you have a family story. your grandfather, you ride in the book my grandfather sun sun and you mentioned that is grandfather was a freed slave so some thoughts about that? >> you know, for us in the south, abe lincoln was the great emancipator. i know there is a revision movement today. i am a big abe lincoln fan. i have photos of lincoln. i have a problem with the cynical revisionist. it a blank and meant quite a bit to us. you begin to see what the country is. it's like the beginning. you have got the south is one way of life with the peculiar institution that in my opinion is the single greatest immorality in the country. how can you have a free country with slaves? we understood that. it's a contradiction that contradicts the very founding of the country. but i at any rate, when i grew up, lincoln, he was the author of real liberty. you have t
you mentioned washington. may be bringing linking lincoln into the picture to and your thoughts about this new burst of freedom that begins with the emancipation and you have a family story. your grandfather, you ride in the book my grandfather sun sun and you mentioned that is grandfather was a freed slave so some thoughts about that? >> you know, for us in the south, abe lincoln was the great emancipator. i know there is a revision movement today. i am a big abe lincoln fan. i have...
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Dec 27, 2012
12/12
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KGO
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he arrives in washington, d.c. today in style. he was aboard air force one as president obama returned to the white house. what a welcome. he will serve in the senate until the election is held in 2014. and the president is returning to washington as the treasury secretary warns the country is not in a good place when it comes to the national debt. timothy geithner says the government may hit its $16.4 trillion borrowing limit on monday. the president will hear about the fiscal cliff problem as well as members of congress return to washington to address the fiscal cliff. talks will take place behind closed doors. no public negotiations set. you have the debt and the fiscal cliff. it's not looking too good right now when it comes to the u.s. economy. >> geithner told congressional leaders that his department is using some accounting measures basically a fancy way of saying they're going to try to free up some cash to hold off, temporarily, this fiscal cliff. but it's still not looking good. >> i don't know about you at home, but ki
he arrives in washington, d.c. today in style. he was aboard air force one as president obama returned to the white house. what a welcome. he will serve in the senate until the election is held in 2014. and the president is returning to washington as the treasury secretary warns the country is not in a good place when it comes to the national debt. timothy geithner says the government may hit its $16.4 trillion borrowing limit on monday. the president will hear about the fiscal cliff problem as...
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Dec 27, 2012
12/12
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CNNW
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especially when washington won't. the partisan bickering has bothered him since -- >> 1992. >> reporter: that's when garcia first wrote his congressman, suggesting a formula to eliminate the death. the depression era kid and army veteran says he's giving back to a country that's given him so much. a sense that's infectious. his daughter is now collecting cabs at work. his grandson drives garcia to friends' houses, just to collect more cans. garcia knows that his monthly money orders won't avert the fiscal cliff, but his priest says that's not the message garcia's sending to congress. >> in order to really solve the $16 trillion national debt, you have to sacrifice. >> reporter: politicians talk about kicking the can down the road. one american has decided that road has to end, and it might as well be here. so if you want to be, like his granddaughter says, be like grandpa, you can google the office of public debt and they are willing to take contributions from american citizens. candy? >> i have to tell you, i think m
especially when washington won't. the partisan bickering has bothered him since -- >> 1992. >> reporter: that's when garcia first wrote his congressman, suggesting a formula to eliminate the death. the depression era kid and army veteran says he's giving back to a country that's given him so much. a sense that's infectious. his daughter is now collecting cabs at work. his grandson drives garcia to friends' houses, just to collect more cans. garcia knows that his monthly money orders...